Market News
The
market has opened on a flat note but the Nifty opened below 6700. The Nifty is
down at 6694.25. About 119 shares have advanced, 40 shares declined, and 4
shares are unchanged.
Indian shares are set to open higher on Monday after NSE futures traded on the Singapore Exchange gain 0.12 percent. * Sun Pharmaceutical Industries Ltd and Ranbaxy Laboratories Ltd shares on watch after the former said it will buy the latter in a $3.2 billion all-share deal, creating the world's fifth-largest generic drug maker.
Indian shares are set to open higher on Monday after NSE futures traded on the Singapore Exchange gain 0.12 percent. * Sun Pharmaceutical Industries Ltd and Ranbaxy Laboratories Ltd shares on watch after the former said it will buy the latter in a $3.2 billion all-share deal, creating the world's fifth-largest generic drug maker.
Indian Stock
News
NSE futures traded on the Singapore Exchange gain 0.12
percent, while the MSCI-Asia Pacific excluding Japan index falls 0.14 percent. *
Asian markets were torn two ways on Monday, some following Wall Street lower
but others encouraged by U.S. jobs data that hit the sweet spot for many
investors -- firm enough to soothe concerns about the health of the U.S.
recovery but not so strong as to hasten the end of policy stimulus. * Momentum
shares like Netflix and TripAdvisor
The Indian rupee gained in the early trade
on Monday. It opened higher by 18 paise at 59.90 per dollar versus 60.08
Friday.
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